Capital Asset Pricing Model (CAPM)

Capital Asset Pricing Model (CAPM) is widely used throughout finance for pricing risky securities and
generating expected returns for assets given the risk of those assets and cost of capital.
You are required to write a 3,500 (+/- 10%) word essay (excluding graphs and tables) on the CAPM model. The
essay should include assumptions of CAPM, a detailed explanation of the CAPM equation, problems with
the CAPM model in practical application, efficient frontier along with a discussion of security market line.
Please ensure your essay follows a logical flow and format. Your work must
include graphical analysis of CAPM as relevant.